Ningxia Zhongke Biotechnology Co (SHSE:600165) Days Payable: 98.62 (As of Mar. 2026) — 72% Below Median

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SHSE:600165 Ningxia Zhongke Biotechnology Co Ltd SHSE:600165
53 GF Score
Price ¥2.43
GF Value ¥2.77
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Ningxia Zhongke Biotechnology Co Days Payable?

Ningxia Zhongke Biotechnology Co SHSE:600165 +9.95% 53 Days Payable is 98.62 as of Mar. 2026, which is 72% below its 10-year median of 350.44. GuruFocus rates SHSE:600165 with a GF Score™ of 53/100 and a GF Value™ of ¥2.77 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,554 Chemicals companies, Ningxia Zhongke Biotechnology Co ranks better than 97.94% on this metric.

Ningxia Zhongke Biotechnology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥117.3 Mil. Ningxia Zhongke Biotechnology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥108.5 Mil. Hence, Ningxia Zhongke Biotechnology Co's Days Payable for the three months ended in Mar. 2026 was 98.62.

The historical rank and industry rank for Ningxia Zhongke Biotechnology Co's Days Payable or its related term are showing as below:

SHSE:600165' s Days Payable Range Over the Past 10 Years
Min: 36.91   Med: 350.44   Max: 995.18
Current: 376.03

During the past 13 years, Ningxia Zhongke Biotechnology Co's highest Days Payable was 995.18. The lowest was 36.91. And the median was 350.44.

SHSE:600165's Days Payable is ranked better than
97.94% of 1554 companies
in the Chemicals industry
Industry Median: 59.565 vs SHSE:600165: 376.03

Ningxia Zhongke Biotechnology Co's Days Payable declined from Mar. 2025 (608.92) to Mar. 2026 (98.62). It may suggest that Ningxia Zhongke Biotechnology Co accelerated paying its suppliers.


Ningxia Zhongke Biotechnology Co Days Payable Related Terms


Ningxia Zhongke Biotechnology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Ningxia Zhongke Biotechnology Co's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ningxia Zhongke Biotechnology Co Days Payable Chart

Ningxia Zhongke Biotechnology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 541.90 380.44 629.85 643.54 320.44

Ningxia Zhongke Biotechnology Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 608.92 493.18 542.11 350.72 98.62

SHSE:600165 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Ningxia Zhongke Biotechnology Co's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ningxia Zhongke Biotechnology Co Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ningxia Zhongke Biotechnology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Ningxia Zhongke Biotechnology Co's Days Payable falls into.


SHSE:600165
53GF Score
Ningxia Zhongke Biotechnology Co Ltd SHSE:600165
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningxia Zhongke Biotechnology Co Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Ningxia Zhongke Biotechnology Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (820.223 + 115.962) / 2 ) / 533.177*365
=468.0925 / 533.177*365
=320.44

Ningxia Zhongke Biotechnology Co's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (115.962 + 118.6) / 2 ) / 108.514*365 / 4
=117.281 / 108.514*365 / 4
=98.62

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 98.62 mean?
Ningxia Zhongke Biotechnology Co (SHSE:600165) has a Days Payable of 98.62 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Ningxia Zhongke Biotechnology Co and its competitors. This is 72% below median its historical median of 350.44. Over the past decade, Ningxia Zhongke Biotechnology Co's Days Payable has ranged from 36.91 to 995.18. According to the industry distribution chart, Ningxia Zhongke Biotechnology Co ranks #32 out of 1554 companies in the Chemicals industry, placing it in the top 2.1%.
Is Ningxia Zhongke Biotechnology Co's Days Payable too high?
Ningxia Zhongke Biotechnology Co's current Days Payable of 98.62 is 72% below median its 10-year median of 350.44. Over the past 10 years, this metric has ranged from a low of 36.91 to a high of 995.18. The Chemicals industry median Days Payable is 59.57. Ningxia Zhongke Biotechnology Co's value of 98.62 is 65.6% above this industry median. Based on the distribution chart, Ningxia Zhongke Biotechnology Co ranks #32 out of 1554 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Ningxia Zhongke Biotechnology Co has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningxia Zhongke Biotechnology Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Ningxia Zhongke Biotechnology Co ranks #32 out of 1554 companies for Days Payable. This places Ningxia Zhongke Biotechnology Co in the top 2% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.57. Ningxia Zhongke Biotechnology Co's value of 98.62 is 65.6% above this benchmark. Historically, Ningxia Zhongke Biotechnology Co's own Days Payable has ranged from 36.91 to 995.18 over the past decade. While the company's 10-year median is 350.44 vs. the industry median of 59.57, Ningxia Zhongke Biotechnology Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Chemicals company?
The median Days Payable among Chemicals companies is 59.57, based on 1,554 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ningxia Zhongke Biotechnology Co's current Days Payable of 98.62 is 65.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Ningxia Zhongke Biotechnology Co and its competitors. For the Chemicals industry, the median Days Payable is 59.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningxia Zhongke Biotechnology Co's current Days Payable is 98.62, which is 72% below median its own 10-year median of 350.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningxia Zhongke Biotechnology Co stock overvalued right now?
Based on GuruFocus' analysis, Ningxia Zhongke Biotechnology Co (SHSE:600165) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥2.77, compared to a current price of ¥2.43 — trading 12.3% below its estimated fair value. The current Days Payable is 98.62, which is 72% below median its 10-year median of 350.44 and 65.6% above the Chemicals industry median of 59.57. Ningxia Zhongke Biotechnology Co's overall GF Score™ is 53/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Ningxia Zhongke Biotechnology Co (SHSE:600165), the current Days Payable is 98.62 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ningxia Zhongke Biotechnology Co (SHSE:600165) Overvalued in 2026?

Based on GuruFocus' analysis, Ningxia Zhongke Biotechnology Co stock appears to be undervalued. The current stock price of ¥2.43 is trading 12.3% below its estimated GF Value™ of ¥2.77. GuruFocus considers Ningxia Zhongke Biotechnology Co to be Modestly Undervalued.

Key valuation signals for SHSE:600165:

  • Days Payable: 98.62 (72% below median its 10-year median of 350.44)
  • GF Value™: ¥2.77 vs. price of ¥2.43 (12.3% below fair value)
  • GF Score™: 53/100 with 4 warning signs
  • Industry Position: 65.6% above the Chemicals median (#32 of 1554)

No single metric tells the full story. See the SHSE:600165 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningxia Zhongke Biotechnology Co Business Description

Address Hebin Street, Ningxia Hui Autonomous Region, Huinong District, Shizuishan, CHN, 750002
Ningxia Zhongke Biotechnology Co Ltd is engaged in the production and sales of activated carbon products, preparation and storage of stem cells, trade and other businesses, as well as lauric acid.
53GF Score

Get the complete analysis for SHSE:600165

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥2.43
Price
¥2.77
GF Value